How VOID
works.
VOID's contract burns 1% of its own liquidity on a timer. The SOL it collects is used to buy VOID back and pair it with other Solana tokens. This page explains how, with the math.
Overview
VOID's liquidity sits in a contract, not a wallet. When the timer runs out, anyone can trigger that contract. When they do, it pulls 1% of the liquidity out of the VOID/SOL pool, burns all the VOID that came out, and keeps the SOL.
The team uses that SOL to buy VOID back from the same pool and to pair VOID with other Solana tokens in new pools.
No taxes, no minting, and the burn can't be skipped.
Supply only goes down.
The burn
The liquidity sits in one VOID/SOL position on Meteora. The position is owned by the contract, not a wallet.
When the timer runs out, anyone can call the burn. One transaction does all of this:
- Collect fees. All the trading fees the position earned since the last burn.
- Pull 1%. Exactly 1% of the position's liquidity.
- Burn. Every VOID that came out, from the 1% and from fees. It's a real burn, so total supply goes down.
- Split. 10% of the SOL goes to the team, 90% to the treasury.
- Buy back. About half the treasury's SOL buys VOID from the same pool. The other half buys other Solana tokens.
- Add pools. The VOID that was bought gets paired with those tokens in new pools.
Steps 1 to 4 happen inside the contract. Steps 5 and 6 are done by the team, using the treasury.
Schedule
The timer gets longer as more is burned, and stops at 24 hours. The contract reads the burned amount from the token's supply.
Fees
Every trade pays a 1% fee, plus a bit more when the market is moving fast. Meteora keeps 20% of it. The other 80% goes to the pool position, paid in the token you receive:
| Trade | Fee paid in | Where it goes |
|---|---|---|
| Buy · SOL → VOID | VOID | burned at the next burn |
| Sell · VOID → SOL | SOL | to the treasury (10% of it to the team, like all burn SOL) |
Buy fees get burned. Sell fees go to the treasury.
The math
Taking 1% out of both sides wouldn't change the price on its own. The buyback is what moves it. Here's one burn:
Every burn: VOID in the pool −1.5%, SOL −0.5%, price +1%. One pool, no other trading, no fees. It shows the direction, not a prediction.
Each burn takes VOID out of the pool three times faster than SOL: 1.5% against 0.5%. That's why the price goes up about 1% per burn.
The buyback is a normal trade in the main pool. The VOID it buys goes into new pools. It isn't burned.
Liquidity
Launch
At launch the pool held only VOID, with no SOL in it. The bottom of its price range was the launch price, so the pool can't go below where it started. The first buyer brought the first SOL.
The main pool can't be pulled
In the current code there's no way to withdraw the main position. The only thing that leaves it is 1% per burn, and the VOID in it gets burned.
Side pools
Side pools pair VOID with other Solana tokens. The first 13 were seeded at launch with 13% of supply, starting at $30K FDV. More are added over time. There are — today, holding —.
Side pools
The first 13 were seeded from supply at launch. New ones are funded from the treasury.
Arbitrage
When a paired token's price moves, the VOID pools fall out of line with each other, and arbitrage bots trade them back into line. Trades in the main pool pay the 1% fee, and the VOID part of it is burned at the next burn.
The more VOID sits in the main pool (for example after people sell), the more VOID each 1% pull takes out and burns.
Price goes up and down. Supply only goes down. If you held 0.1% of supply at launch, you hold a bigger share after every burn without doing anything.
Tokenomics
| Token | Solana SPL, 6 decimals |
| Supply at launch | 100,000,000 |
| Supply now | — |
| Main pool | 85,000,000 (85%) |
| Launch seed, first 13 stock pools | 13,000,000 (13%) |
| Team | 2,000,000 (2%) |
| Presale | None |
| Mint | Revoked |
| Freeze | Revoked |
| Tax | 0% |
At launch, 85% went into the main pool, 13% seeded the first 13 stock pools and 2% went to the team. Every other VOID the protocol ever touches, it buys on the market like everyone else.
The team
The team gets two things: 2% of supply at launch and 10% of the SOL from each burn. The other 90% goes back in, as buybacks and new pools.
Risks
In the current code, no instruction moves the main liquidity except the 1% burn, and every account it uses is checked against what's on-chain. The risks:
- Meteora. The pool runs on Meteora's program, which their team can upgrade. Every project on Meteora shares this.
- The team's account. The account that receives the team's 10% could be closed by mistake. Anyone can recreate it, so the worst case is a late burn, not a missed one.
- Audit. There's an internal security review. No outside audit yet.
- Treasury. Steps 1 to 4 are forced by the contract. Which tokens get paired, and when, is up to the team.
Disclaimer
Not financial advice and not an offer of anything. Crypto is risky and you can lose everything you put in. Read the code, check on-chain, and decide for yourself.